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Cheriton Road, Rainham

South East

£240,000
Listed on 30/04/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This bay-fronted three-bedroom property presents a valuable opportunity for those looking to invest in a home with significant potential. Located conveniently near Rainham Station and local shopping areas, the house is well-positioned for easy access to transport links and schools, making it ideal for families. The layout has been opened up on the ground floor to create a spacious kitchen/diner that promotes modern living while the lounge connects fluidly with both areas. Upstairs, two ample double bedrooms are complemented by a smaller third bedroom, providing versatility for various needs. The rear garden offers generous space for outdoor activities or entertaining guests. While the home benefits from upgraded windows and a new boiler, there remains potential for further modernization throughout, allowing you to personalize it to your taste. Additionally, the front of the property holds promise for off-road parking, enhancing its appeal. This chain-free home is an exceptional choice for first-time buyers eager to put their own stamp on their living space.

Investment Analysis

(ME8 area)
Area Average
£360/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
51
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (ME8)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -1.7%
5 year growth: +12.1%
Investment Disclaimer: Analysis based on ME8 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Cheriton Road, Rainham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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